Tax exemptions and cost savings draw more to EVs, but affordability is restricted by high floor price. Read more at ...

Global electric car sales Dec. 2024 up 23% YoY to 30% share. China sales up 46% to 53% share. Europe up 4% to 28% share. USA ...

Sweden's Volvo Cars, owned by China's Geely Group, said Thursday that annual profits rose in 2024 despite a final quarter ...

The auto industry is entering 2025 facing continued challenges from weaker demand for electric vehicles and increasing competition from lower-cost Chinese EV makers. Rowan said on a call Thursday that ...

We’re preparing ourselves to see whether we need to start looking at production relocation or or even supplier relocation,” ...

Volvo Cars, a subsidiary of Zhejiang Geely, announced its results for 4Q24. The quarterly net profit sank 19.5% YoY to SEK2.503 billion. Basic EPS was SEK0.84. The operating profit... Volvo Cars, a ...

While Tesla's sales in markets such as Belgium, Netherlands, and Sweden rose last year, the overall picture in Europe is less ...

Georgia’s trade and investment ties with Sweden sustain 11,775 jobs, according to a recent report by the Scandinavian ...

China’s electric vehicle makers enjoyed a busy January as the extension of trade-in subsidies helped underpin sales during ...

TESLA, along with BMW, Mercedes-Benz and a group of Chinese car manufacturers, has started legal action against the European Union (EU) over tariffs imposed on Chinese-made electric vehicles (EVs), ...

While Trump escalates tensions with friends and foes alike, global realities could force his hand towards cooperation ...

Institutional investors and professional traders rely on The Fly to keep up-to-the-second on breaking news in the electric vehicle and clean ...